Fraser and Neave's (SGX:F99) profit attributable to shareholders was up 19% to SG$52.0 million for the fiscal first quarter ended Dec. 31, 2024, from SG$43.8 million a year earlier, according to a Friday filing with the Singapore Exchange.
Earnings per share rose to SG$0.036 from SG$0.03 in the comparable period.
Revenue was up 16% year over year to SG$618.0 million from SG$531.6 million, mainly due to strong performance from the food & beverage segment.
Shares of the company were up over 3% in recent trading.